:

Business/Financial

Northrop Grumman To Acquire Geospatial Solutions Provider

DDN

Thursday, September 11th, 2008

SHARE:

Northrop Grumman [NOC] yesterday said it has agreed to acquire 3001 International, Inc., a provider of geospatial data solutions for domestic and international government intelligence, defense and civilian customers. Terms of the deal were not disclosed. 3001, which is based in Northern Virginia, has about 300 employees. Once the transaction closes, which is expected during the fourth quarter of 2008, 3001 will become part of Northrop Grumman's Information Technology sector. Northrop Grumman said the acquisition complements its current geospatial business.…

Senators Push Navy Against Single Destroyer Request In FY ’27

The chairman of the Senate Armed Services Committee (SASC) and the two senators from Maine last week pushed back on Navy officials for only requesting one Arleigh Burke-class destroyer (DDG-51) […]

Navy Looks To Eventually Assemble Battleship At HII Newport News; Faces More Dem Opposition

The Navy told lawmakers this week it found a dry dock at HII’s [HII] Newport News Shipbuilding shipyard it thinks can use for final assembly of the new Trump-class battleship […]

Navy Leaders Downplay Looking At Foreign Navy Shipbuilding Amid Lawmaker Objections

The Navy’s top leaders this week seemed to downplay and back down on the service potentially using foreign shipyards to build U.S. Navy ships or buying foreign designed warships overseas […]

Army

Senate Defense Appropriators See ‘Risk’ With Army’s Reconciliation Plan To Fund Munitions Increase

The Senate’s top defense appropriators cited concern this week with the Army’s request to fund the majority of its large increase to munitions procurement in fiscal year 2027 through the […]